Short Sale update

well if the price action in COO is any indication of of how this is going to work, everybody that was begging for this may not be to happy. I found it tough trying to read the thing. not to mention the price would move up and down 20cents three times over the counter while they waited for NYSE to even print.

I also think these specialists need to be more accountable for representing the floor in their quote and just provide a more accurate market representation, but I'm sure it won't change anytime soon.
 
Quote from Dustin:

I had a 7% increase in todays P&L due to the new SHO. I expect 5-10% a day minimum from here on out...time will tell.

I had a 12.6781 % Increase today due to the new SHO.

I expect a 11.89432-12.89903 Increase + or - 3.41877 % over the next 67 days.
 
Quote from stock777:

I had a 12.6781 % Increase today due to the new SHO.

I expect a 11.89432-12.89903 Increase + or - 3.41877 % over the next 67 days.

You are hilarious.
 
Quote from bdon:

well if the price action in COO is any indication of of how this is going to work, everybody that was begging for this may not be to happy. I found it tough trying to read the thing. not to mention the price would move up and down 20cents three times over the counter while they waited for NYSE to even print.


COO went down $5 bucks!!! This should be a wet dream trade for all you SHO fans! Come on, drinks are on you SHO cheerleader guys since you were able to hit all the bids.
 
Quote from Dustin:

I had a 7% increase in todays P&L due to the new SHO
158799190X.01._PIdp-schmooS,TopRight,7,-26_PE37_SCMZZZZZZZ_.jpg
 
Quote from Lucius:

158799190X.01._PIdp-schmooS,TopRight,7,-26_PE37_SCMZZZZZZZ_.jpg

ET is full of random fools, yourself probably included.

My system has 100% auto entry and has been quite profitable for years. I knew from the moment it was announced that SHO would be good for my system...no doubt. People don't like to hear from winning traders on ET so I give up this battle.
 
Quote from Dustin:

I had a 7% increase in todays P&L due to the new SHO. I expect 5-10% a day minimum from here on out...time will tell.
Well done Dustin.

nitro
 
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